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Ujjivan SFB Seeks Universal Banking Licence to Expand Services

Mumbai, Feb. 10 -- Ujjivan Small Finance Bank (SFB) has applied to the Reserve Bank of India (RBI) for a universal banking licence to enhance its offerings and strengthen its position in the sector. I... Read More


Elan to Invest Rs 30 Billion in Ultra-Luxury Housing in Gurugram

Mumbai, Feb. 10 -- Real estate developer Elan Group has announced an investment of approximately Rs 30 billion to develop a new ultra-luxury housing project on Dwarka Expressway in Gurugram. The proj... Read More


Torrent Power Reports 31% YoY Profit Growth in Q3

Mumbai, Feb. 10 -- Torrent Power, a Gujarat-based power company, recorded a profit after tax (PAT) of Rs 4.89 billion for the third quarter (Q3) of FY 2025, marking a 31% year-over-year (YoY) increase... Read More


West Bengal Issues Tender for O&M of 60 MW Solar Projects

Mumbai, Feb. 10 -- The West Bengal State Electricity Distribution Company (WBSEDCL) has issued a tender for the comprehensive operation and maintenance (O&M) of six ground-mounted solar projects, tota... Read More


Tripura Gets Its First Electric Locomotive-Powered Train

Mumbai, Feb. 10 -- Rs 460 million railway electrification project was launched in 2022 to connect the state with the national railway grid. Tripura got its first electric locomotive-powered train . T... Read More


Tata Power's Trombay Unit 5 Resumes Operations, Restores 500 MW Supply

Mumbai, Feb. 10 -- Tata Power's Trombay Unit 5 has resumed power supply to Mumbai. The plant supplies 500 MW of power to the financial capital of India. The supply was discontinued after a fire in the... Read More


Rolls-Royce, Triveni Engineering Partner for Marine Gas Turbines

Mumbai, Feb. 10 -- Rolls-Royce Marine North America Inc. and India's Triveni Engineering and Industries Limited announced today they have signed a Memorandum of Understanding to collaborate on 4MW mar... Read More


Vedanta Resources Aims to Raise $1 Bn

Mumbai, Feb. 10 -- Vedanta Resources is trying to raise around $1 billion in debt financing to fund development of its Konkola Copper Mines (KCM) in Zambia, Chris Griffith, head of the company's base ... Read More


Sajjan Jindal Announces Rs 1 Tn Investment In Gadchiroli

Mumbai, Feb. 10 -- Chairman of JSW Group Sajjan Jindal announced on Friday the investment of Rs 1 trillion in the next seven to eight years for a 25 million tonne steel plant in Maharashtra's Gadchiro... Read More


Saudi Arabia Opens Up Holy Cities to Foreign Property Investors

Mumbai, Feb. 10 -- Saudi Arabia's Capital Markets Authority (CMA) has announced that foreigners will be allowed to invest in companies that own real estate in the holy cities of Mecca and Medina. It a... Read More